AMP adviser numbers fall while industry rises; ASIC’s Longo on Qantas flight upgrades

The financial advice sector has benefited from a net rise of 11 advisers this week, according to Wealth Data, while AMP Group reports losses as several advisers open their own licensees.

ASIC leadership has waded into the political debate about Qantas flight upgrades, confirming its executives hold membership of the Chairman’s Lounge but denying it affects their regulatory ability.

Stockspot analysis has named the top 10 suburbs across Australia that have the highest proportion of sustainable investors, largely dominated by one state in particular.

Praemium has updated on the progress of its integration with platform OneVue, which it acquired from Iress earlier this year.

Perth advisory firm Capital Partners Private Wealth Advisers has announced a new managing director to take over from David Andrew as he steps down after 25 years.

GQG Partners has reported a decrease in its funds under management as at 31 October, its first fall since October last year.

National advice firm Invest Blue has been featured in this year’s Great Place to Work report, particularly for its nine-day fortnight initiative.

Betashares’ latest fund will seek to invest fully in an ethically screened portfolio of Australian corporate and government bonds.

In this episode of Relative Return Unplugged, hosts Maja Garaca Djurdjevic and Keith Ford are joined by special guest Stephen Miller, market strategist at GSFM, to unpack the latest inflation figures and what they could mean for the RBA’s coming rate decisions.